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Economy
Mortgage rates rise for second straight week, highest since July
Mortgage rates spiked this week to the highest level in five months, ending the year…
Austin Airport TSA Lines wrap outside amid DHS shutdown
Airport security lines in Austin stretched outside the door early Friday with passengers waiting hours…
Bessent says markets pricing in Fed rate cuts before year-end
Treasury SecretaryĀ Scott Bessent said Thursday that financial markets are pricing in a high likelihood of…
Former BLS leader suggests AI could improve jobs data collection methods
The processes used by theĀ Bureau of Labor Statistics (BLS) to collect data for the jobs…
AI adoption surges among small businesses, 40% plan to add new jobs
Small business owners are rapidly adopting artificial intelligence to power their growth, with many saying…
Nearly 10% of young Americans’ credit cards delinquent, Fed reports
Young Americans continued to make up the largest share of those transitioning into credit card…
Tucson votes down $250M Amazon data center citing water and energy use
A massive data center that was slated for southern Arizona may be no more after…
Uncertainty tax hits businesses as economy shows signs of inflection point
The weaker-than-expected July jobs report and large downward revisions to the prior two months' job…
Penske calls DHS use of rental trucks in LA operation ‘improper’ and unsafe
Transportation services company Penske is calling the use of its rental trucks during a Department…
BNPL firms withhold credit data fearing unfair customer penalties
Credit bureaus were supposed to start incorporating buy now, pay later (BNPL) data into credit…
Trump’s higher tariffs go into effect on dozens of countries
President Donald Trump's higher import taxes on dozens of countries went into effect on Thursday,…
Student loan delinquencies rise sharply after pandemic pause ends
The Federal Reserve Bank of New York on Tuesday reported a significant rise in the…
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